/biz/ - Business & Finance

>>30182536

>>27185594
>You can manipulate a 240 billion dollar market
This is actually true though, only a very small portion of silver is used for silver coins / bullion. If that 5% is bought up all other silver becomes more expensive because they have to supply a coin purchasing base now and that's funneling silver away from industrial purposes. If that 5% market was bought up at least in part there would be a race for whatever silver's still available.
A lot of places online are actually running out of silver coins / bullion already. This will have some huge effect on the market we probably aren't seeing yet.

>>27088660
It was 25, it's slowly catching on and is expected to be the next thing shilled, it's now up to 27 after even the minor shilling. If you miss the wagon you lose all those potential profits, you get in now and the only risk is it going down, fairly low risk and you can just hold at that point then break even. I expect it to be the next thing that gets squeezed.
>5 million members of wallstreet bets before their big surge of new members, at current silver price they could each buy 7,500 dollars worth of silver to buy the entire world's production for a year
>They just made a fortune and have a ton of momentum from the gamestop shit, will invest it. Silver is the next suspected pump after their shitcoin pumps
>Even if they don't get pumped you can count on Joe biden to do solar panels / green energy / electric car subsidies, increasing silver price
>Most silver is made for industrial purposes and it's really easy to squeeze the coinage and bullion since it's such a small amount of the silver used
>One wealthy guy going around and spending a couple million on silver coins would bump their price significantly and be able to turn a profit since there's actually a fairly small amount of coins and bullion, if it gets picked up the price of physical will skyrocket
Weigh this against investing in shitcoins, I'd consider putting some of it into silver and some into shitcoins, maybe use silver as a way to store some wealth while the rest gets put into trying to profit from shitcoin pumps

>>26909195
>Silver is used in solar panels
>Biden will make some green subsidies / damage non-green energy
>This, along with poor economic choices and the growth of china weakens the dollar
>Silver spikes in price
>>26909399
But it objectively causes the same amount of drain if you buy a 26 dollar share of SLV vs buying an holding 1 ounce of silver for 27-29 dollars, it's just a difference of like 1 or 2 dollars an ounce. Buying up that tiny amount of silver that went into coins and bullion would also be monumentally easier than buying the other stuff as there's less of it, and with an increase in physical silver costs the industrial silver guys might send it / start making coins out of it, which would make the same effect as buying SLV.

>>15476001
because a lot of it has already been lost to (((consumerism)))
it's kind of creepy when ANALysts say how the economy is DEPENDEnT on consumerism.
We're eating ourselves from the inside out. Only the knowledgeable will survive the next paradigm. Many won't.